What is Progressive jackpot, the same as Accumulative jackpot?
What is Progressive jackpot, the same as Accumulative jackpot?
Progressive jackpot or Accumulative jackpot is the biggest prize for a slot machine (the one-armed gangster or video-poker) where the sum of jackpot grows a little with each game made by players. Usually number of automatic machines turn out to be connected with each other, and all of them collect one general jackpot which thus grows much faster because some players simultaneously contribute in it.
Jackpot ticker
The sum of jackpot is always underlined in monetary units – Dollars, Rubles, Euro, and so on. It is possible to receive only having an active line of payments of the biggest combination – a flesh-royal in poker or five most rare symbols in the playing automatic machine. When somebody gets jackpot, the sum of new jackpot automatically decreases to a minimum, established by online-casino. Usually the largest jackpots have minimum 1 million dollars, that is they begin the history at once with this mark.
The sum of jackpot increases a little with each game – with each rotation of drums. The size of this increase is defined by software developers for the Internet casino. For example, on the automatic machine where advantage of a casino makes 5 %, jackpot can increase by maximum 1 % (one fifth of expected profit). The casino puts some part of its profit into jackpot because any player is madly attracted by:
Relative exclusiveness of Accumulative jackpots (usually only a few automatic machines are connected with a jackpot-network in a casino).
Constantly growing indicators of the counter which is usually executed in the form of the big light-emitting diode displays – it induces people to play further.
And it is final – possibility to win millions dollars at the rate from 50 cents! For example, the size of the largest jackpot at present in a slot machine from Microgaming – Mega Moolah – makes more than $5.000.000!!!
The right to win jackpot
Usually only those can get jackpot who put the maximum sum in a slot machine. However thus all rates of players – maximum or not – are put into jackpot-fund. As a result, the game, which demands to put 10 credits in order to win jackpot, will fast lift the size of jackpot to high level, than the game in which it is necessary to put only 5 coins.
Break-even point in slot machines with jackpot.
In some games, for example, in video-poker, it is possible to calculate the optimum strategy based on size of each payment and probability to receive it. As Jackpot in such games constantly grows, eventually it reaches break-even points when the player has equal chances with a casino, and then, with the further growth of jackpot – it even becomes favorable for the player to play!
When the sum of Jackpot (and, in any game – whether it is a slot machine, or the Caribbean poker) is less than a break-even point, for all players there is an advantage of a casino.
At long game on optimum strategy the player in video-poker can win. Though long game is longer, than the majority thinks (some tens thousand games!).
It is necessary to notice also, that the break-even point on the one-armed gangster cannot be calculated, without knowledge of algorithms of its work- after all the return percent set in by its developers is unfamiliar to us. But, for example, the break-even point in video poker is relatively simple function of a recoupment and probability of combinations of a usual 52-card pack.
Game with advantage over a slot machine
Players, who play only when jackpot has reached break-even point, still bring profit to a casino. The situation when the player has an advantage over a casino is unique, but the casino anyway receives profit. The reason of it is that the sum of any jackpot consists of contributions of all the players.
Artful players sometimes get united into commands and play automatic machines where thanks to improbable increase of accumulative jackpot it is already possible to get an advantage over a casino. Such commands supersede usual players just when the situation is most favorable to them. Members of commands work in shifts, calling each other when the automatic machine passes a break-even point. In some casinos command game is forbidden, and the players suspected of membership in commands, simply get expelled.
By the way, it can seem to be ridiculous, but it is so – there are even such commands which chase jackpots of national lotteries, the size of which is measured already by hundreds millions dollars!
Clubs of players in slot machines
In the majority of both usual casinos, and progressive Internet casinos, there are such clubs which return some part of rates to players in the form of cash, or compensation of expenses for various variants of entertainments – campaigns in shops, numbers in hotels, many other things. Participation in such a club of slot-players can make a break-even point of jackpot a little lower because of the sum which comes back to the player from its each rate. For example, in the Internet of a casino to players in slot machines up to 1 % comes back from their rates irrespective of, whether they have won or not.
Other games with jackpots
Games with accumulative jackpot are not limited by one-armed gangsters or video-poker. In usual Caribbean poker sometimes there is accumulative jackpot which stands out for combination Flesh-Royal. In many online casinos there are even versions of blackjack, roulettes and many other gamblings with accumulative jackpot.